Page 100 - Capricorn IAR 2020

REMUNERATION REPORT BOARD SUSTAINABILITY GLOSSARY OF TERMS AND ETHICS REPORT
Distribution of CSR funds
We focus for impact
The Capricorn Foundation will have two primary areas of investment – economic advancement and education and training. Three supplementary areas of investment are sustainability programmes, vulnerability programmes and health. We welcome applications from stakeholders requiring funding for projects aligned to our CSR vision and focus areas.
1%
Social development
10%
Job creation
33%
COVID-19
4%
Employee wellness
6%
Education
18%
Sport
6%
Art
4%
Agriculture
3%
Apart from coordinating our collective response, Capricorn Group also supported specific social initiatives with a focus on youth leadership development, sports development with a focus on schools netball and rugby as well as a contribution to the Dare to Care Drought Relief Fund to support the agricultural community during a prolonged period of drought.
The Group’s brand positioning of being Connectors of Positive Change was brought to life with a total of five “Changemaker” employee outreach events. These were hosted to build a culture of employee volunteerism in the community in support of the Group’s CSR projects. Through this programme, more than
150 employees volunteered their time and own resources to a range of CSR projects.
Corporate social responsibility summary Capricorn Group and its subsidiaries in Namibia, Botswana
and Zambia invested N$29 million in internal and external social and environmental responsibility programmes and initiatives compared to the investment of N$25 million during 2019.
98
8%
Health
Hunger and poverty alleviation
Consumer education and financial literacy
7%